Money muling is a scam which is on the rise and works in a seemingly inconspicuous way to target Britons. People are promised a “job” to make money quickly and effortlessly, with the scammer’s hunting ground often social media.
The job being advertised can range from crypto-investments to simply allowing some to access one’s account.
But the key issue is Britons being asked for their bank account details to receive funds – such as for payments being received or an investment paying out.
Once the person receives these funds, they are then asked to withdraw or transfer the money to a different account, and often they are permitted to keep some of the funds as payment.
However, this is money laundering, even if the person was not aware, and can come with serious consequences.
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He received a credit of £800 into his account, and was provided with £50 as his fee.
Mr L then received a further two credits of £1,200, but his bank soon noticed the suspicious payments and his account was frozen.
After an investigation, it was found three victims had been duped into transferring “deposits” for items they believed they were purchasing on online marketplaces.
These “deposits” went into Mr L’s account, however, no items were subsequently received by the customer.
Mr L had been unknowingly tricked by scammers, but that was not the worst par of the encounter.
By allowing these fraudsters to deposit…
